Overseas Headlines- January 13, 2017
Fallback Logo

U.S.:

Dollar limps to worst week in two months, sterling stays shaky
The dollar limped toward it worst week in two months on Friday as softer-than-expected trade data from China added to signs that investors may be falling out of love with the post-U.S. election Trump trade. The dollar index .DXY, which measures it against six of the other top world currencies, was down fractionally for a third straight day in early London trading and almost one percent lower on the week.
<http://www.reuters.com/article/us-global-forex-idUSKBN14X056?il=0>

Europe:

Euro zone yields rise on Fed warnings, Italy rating review looms
Euro zone bond yields rose on Friday after comments from U.S. policymakers overnight prompted concerns that monetary policy in the world’s largest economy could tighten faster than previously expected. Federal Reserve officials said on Thursday that fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for inflation and debt problems they might have to counteract. This pushed 10-year U.S. Treasury yields up to 2.38 percent late on Thursday, a rise of 8 basis points (bps) from the trough hit earlier in the day.
<http://www.reuters.com/article/eurozone-bonds-idUSL5N1F31AV>

Asia:

China posts worst export fall since 2009 as fears of U.S. trade war loom
China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017. In one week, China’s leaders will see if President-elect Donald Trump makes good on a campaign pledge to brand Beijing a currency manipulator on his first day in office, and starts to follow up on a threat to slap high tariffs on Chinese goods.
<http://www.reuters.com/article/us-china-economy-trade-idUSKBN14X0FD>

More Stories from the Market
shutterstock_453968572
January 27, 2026   Barita Investments Limited (BIL) has advised that it has completed the acquisition of 100% of the issued share capital o…
shutterstock_382756177
January 27, 2026   Wisynco Group Limited (WISYNCO) has advised that at a meeting of its Board of Directors to be held on January 30, 2026, …
shutterstock_537598660
January 27, 2026 Weekly Pick 27.01.2026 WISYNCO Disclaimer: Analyst Certification -The views expressed in this research report accurately ref…
shutterstock_453968572
January 27, 2026 United States:   Dollar Sinks to Lowest Level in Four Years as US Risks Grow   A gauge of the dollar slid to its wea…
shutterstock_148562033
January 26, 2026   Sagicor Select Funds Limited – Manufacturing & Distribution (SELECTMD) has advised that connected parties purchased …
shutterstock_609342323
January 26, 2026   General Accident Insurance Company Jamaica Limited (GENAC) has revised its dividend declaration as follows: GENAC has…
shutterstock_382756177
January 26, 2026 WEST INDIES PETROLEUM TERMINAL LIMITED (WIPT) Unaudited financials for the year ended December 31, 2025: Expressed in United…
shutterstock_453968572
January 26, 2026 United States:   Fed to Hold Rates as Political Storm Intensifies Around Powell   The Federal Reserve is widely expected …